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Toshiba, Hitachi and ITOCHU Win Order for ITS Package for Vietnam's Expressway

TOKYO, March 13, 2014 —Toshiba Corporation (TSE: 6502), Hitachi, Ltd. (TSE: 6501) and ITOCHU Corporation (TSE: 8001) today announced that the three companies have together signed a contract to supply the Vietnam Expressway Corporation (VEC) with an Intelligent Transport Systems (ITS) package that includes electronic toll collection (ETC), traffic control and equipment monitoring systems. The order has an estimated value of 4- billion yen, and is the first for an integrated ITS package that Japanese companies have received from overseas. The project will be supported by Japanese government loan assistance, and commercial operation is planned to start in the first half of 2017.

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